Alerus Financial Corporation (ALRS) Misses Q1 EPS by 2c
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Alerus Financial Corporation Reports First Quarter 2020 Net Income of $5.4 Million
April 28, 2020 4:00 PM EDTGRAND FORKS, N.D.--(BUSINESS WIRE)-- Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $5.4 million for the first quarter of 2020, or $0.30 per diluted common share, compared to $7.7 million of net income, or $0.43 per diluted common share, for the fourth quarter of 2019, and net income of $6.4 million, or $0.46 per diluted common share, for the first quarter of 2019.
CEO Comments
Chairman, President, and Chief Executive Officer Randy Newman said, The first quarter of 2020 ended much differently than it began. Like many of our clients, we too are navigating unprecedented times... More
